Global Office Metal Staple Market 2024

Office Metal Staple Market Size

In 2022, the global office metal staple market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a mild reduction. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Office Metal Staple Production

In value terms, office metal staple production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Office Metal Staple Exports

Exports

In 2022, after five years of growth, there was significant decline in shipments abroad of base metal staples in strips for use in offices, when their volume decreased by X% to X tons. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, office metal staple exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell slightly in the following year.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Germany (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%). The following exporters - the Netherlands (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), Belgium (X tons), Russia (X tons), Italy (X tons), Austria (X tons), India (X tons), the United States (X tons) and Malaysia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to office metal staple exports from China stood at X%. At the same time, Thailand (X%), Russia (X%), South Korea (X%), Malaysia (X%), Austria (X%), the Netherlands (X%), Italy (X%), India (X%), Taiwan (Chinese) (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) and the United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, South Korea and Russia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest office metal staple supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by Taiwan (Chinese), with a X% share.

In China, office metal staple exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average office metal staple export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a mild curtailment. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Office Metal Staple Imports

Imports

In 2022, supplies from abroad of base metal staples in strips for use in offices increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, office metal staple imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States was the largest importer of base metal staples in strips for use in offices in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Indonesia (X tons), Mexico (X tons) and Germany (X tons), together achieving a X% share of total imports. The Netherlands (X tons), Italy (X tons), Canada (X tons), Poland (X tons), Brazil (X tons), the UK (X tons), Spain (X tons) and France (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to office metal staple imports into the United States stood at X%. At the same time, Indonesia (X%), Italy (X%), Poland (X%), Spain (X%), the Netherlands (X%), Brazil (X%) and Germany (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France and the UK experienced a relatively flat trend pattern. By contrast, Canada (X%) and Mexico (X%) illustrated a downward trend over the same period. The United States (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the global imports, while Canada and Mexico saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported base metal staples in strips for use in offices worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the United States, office metal staple imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Mexico (X% per year).

Import Prices by Country

The average office metal staple import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :